The legal profession is forming a committee to find solutions to the problem of errant lawyers siphoning clients’ monies. This is a further response to recent cases where lawyers were involved in shady real estate deals that have gone bad. This was announced at the opening of the Legal Year 2008. It is an annual tradition for the Chief Justice to open a new legal year at the start of a new year. Apart...
Legal News
DIVORCED couples will soon find it easier to divide their matrimonial assets in a “smooth and equitable” manner, thanks to changes to the Central Provident Fund (CPF) scheme. From Oct 1, an ex-spouse no longer has to wait for her husband to turn 55 and be eligible to withdraw his CPF. These rules, passed under the CPF (Amendment) Bill in Parliament yesterday, now allow the immediate transfer of CPF...
A suspended lawyer was charged on Friday with forging three certificates of stamp duty in different property transactions. Tan Sok Ling, 40, is accused of attempting to cheat three buyers of $33,780 when he altered the stamp duty amounts. In all, he overstated the amounts by $11,484. A stamp duty is a government tax on commercial and legal documents which record and give effect to certain transactions....